Dodge County, WI Mortgage Lenders & HMDA Data, 2009

In 2009, lenders reported 6,189 mortgage applications in Dodge County, WI totaling $842.5 million, up 16% from 2008. The average application was for $136,000, and applicants reported an average income of $66,000. 54% of applications resulted in an originated loan and 13% were denied. The most active lender was Horicon Bank, with 600 applications, followed by Wells Fargo Bank, NA and Associated Bank, N.A..

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Total Number of Mortgage Applications 6,189
Total Mortgage Loan Application Amount $842,525,000
Average Mortgage Loan Application Amount $136,000
Highest Mortgage Loan Application Amount $1,055,000
Average Applicant Income $66,000
Highest Applicant Income $1,379,000
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Top Mortgage Lenders in Dodge County, WI (2009)

Ranked by the number of mortgage applications each lender reported in Dodge County, WI in 2009.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Horicon Bank
Horicon, WI
600 $77,412,000 $129,000 $73,000
2 Wells Fargo Bank, NA
Des Moines, IA
389 $55,539,000 $142,000 $62,000
3 Associated Bank, N.A.
Green Bay, WI
380 $49,520,000 $130,000 $74,000
4 Bank of America, N.A.
Calabasas, CA
372 $57,116,000 $153,000 $54,000
5 JPMorgan Chase Bank, NA
Columbus, OH
352 $49,772,000 $141,000 $56,000
6 M&I Marshall & Ilsley Bank
Cedarburg, WI
287 $41,109,000 $143,000 $76,000
7 Fox Valley Savings Bank
Fond Du Lac, WI
195 $19,003,000 $97,000 $62,000
8 Countrywide Bank FSB
Westlake Village, CA
195 $29,808,000 $152,000 $56,000
9 US Bank, N.A.
Milwaukee, WI
179 $26,384,000 $147,000 $71,000
10 Citibank, N.A.
New York, NY
171 $14,210,000 $83,000 $53,000

See every lender active in Dodge County, WI in 2009 »

The tables below break down 2009 mortgage applications in Dodge County, WI by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Dodge County, WI in 2009

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 4,775 $686,265,000 $143,000 $1,055,000 $68,000 $1,379,000
Home Purchase 1,111 $136,057,000 $122,000 $666,000 $58,000 $781,000
Home Improvement 303 $20,203,000 $66,000 $547,000 $66,000 $1,013,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 5,346 $728,705,000 $136,000 $1,055,000 $69,000 $1,379,000
Not applicable 439 $57,758,000 $131,000 $880,000 $35,000 $581,000
Not Provided 267 $40,621,000 $152,000 $417,000 $67,000 $272,000
Hispanic 99 $10,957,000 $110,000 $360,000 $43,000 $130,000
American Indian or Alaskan Native 12 $1,069,000 $89,000 $152,000 $60,000 $173,000
Black or African American 12 $1,364,000 $113,000 $168,000 $52,000 $98,000
Asian 10 $1,375,000 $137,000 $417,000 $65,000 $172,000
Native Hawaiian or Other Pacific Islander 4 $676,000 $169,000 $360,000 $79,000 $168,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 4,780 $641,008,000 $134,000 $1,055,000 $73,000 $1,379,000
FHA-insured (Federal Housing Administration) 1,034 $152,024,000 $147,000 $320,000 $44,000 $600,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 227 $26,206,000 $115,000 $238,000 $33,000 $84,000
VA-guaranteed (Veterans Administration) 148 $23,287,000 $157,000 $397,000 $30,000 $120,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 3,312 $435,171,000 $131,000 $1,055,000 $71,000 $1,379,000
Loan Purchased By The Institution 1,224 $171,083,000 $139,000 $689,000 $52,000 $683,000
Application Denied By Financial Institution 832 $119,593,000 $143,000 $1,000,000 $63,000 $999,000
Application Withdrawn By Applicant 454 $65,402,000 $144,000 $360,000 $68,000 $600,000
Application Approved But Not Accepted 239 $33,058,000 $138,000 $440,000 $62,000 $258,000
File Closed For Incompleteness 125 $17,401,000 $139,000 $412,000 $63,000 $178,000
Preapproval Approved but not Accepted 2 $617,000 $308,000 $360,000 $111,000 $115,000
Preapproval Denied by Financial Institution 1 $200,000 $200,000 $200,000 $75,000 $75,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Collateral 200 $32,542,000 $162,000 $503,000 $77,000 $999,000
Credit History 151 $15,026,000 $99,000 $414,000 $54,000 $305,000
Debt-To-Income Ratio 124 $19,188,000 $154,000 $535,000 $53,000 $855,000
Credit Application Incomplete 54 $9,002,000 $166,000 $413,000 $82,000 $453,000
Other 40 $6,265,000 $156,000 $450,000 $71,000 $536,000
Unverifiable Information 12 $1,585,000 $132,000 $236,000 $54,000 $108,000
Mortgage Insurance Denied 9 $1,254,000 $139,000 $185,000 $76,000 $163,000
Employment History 5 $566,000 $113,000 $164,000 $45,000 $66,000
Insufficient Cash (Downpayment, Closing Cost) 4 $690,000 $172,000 $290,000 $59,000 $75,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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